LUNC/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The pair Terra Luna Classic/Tether (LUNC/USDT) jumps from the ascending trendline downwards

A bearish descent down to the next support level at 0.000063350 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.000065040 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 6.316932E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.000065040 is also possible.
Consider stop-loss settings accordingly.

0.000065040 – 0.000064050 – 0.000063870 – 0.000063350 – 0.000062800 – 0.000062820 — 42.722664713342 – 32.977512599542

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – – Rising Wedge Chart Pattern –